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MagicBricks Salaries in Mumbai (Updated 2025)

based on 344 latest salaries
Explore Salaries by Departments
Sales & Business Development Marketing & Communication Human Resources Finance & Accounting + 3 more
Designation Avg Annual Salary Open Jobs
1 - 9 years exp. · Mumbai (46 salaries)
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₹4 L/yr - ₹8.6 L/yr

5 - 15 years exp. · Mumbai (35 salaries)
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₹7.9 L/yr - ₹16 L/yr

2 - 8 years exp. · Mumbai (19 salaries)
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₹4.3 L/yr - ₹4.3 L/yr

1 - 9 years exp. · Mumbai (13 salaries)
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₹3.7 L/yr - ₹8.5 L/yr

Starting your career? Discover MagicBricks fresher salaries in India
3 - 11 years exp. · Mumbai (10 salaries)
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₹5.4 L/yr - ₹8 L/yr

4 - 8 years exp. · Mumbai (10 salaries)
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₹5.5 L/yr - ₹8.3 L/yr

9 - 15 years exp. · Mumbai (9 salaries)
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₹14 L/yr - ₹22 L/yr

3 job openings
3 - 10 years exp. · Mumbai (8 salaries)
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₹6 L/yr - ₹8 L/yr

8 job openings
13 - 15 years exp. · Mumbai (6 salaries)
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₹15.7 L/yr - ₹25 L/yr

6 job openings
6 - 10 years exp. · Mumbai (6 salaries)
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₹4.1 L/yr - ₹11.3 L/yr

1 - 5 years exp. · Mumbai (6 salaries)
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₹4 L/yr - ₹6.5 L/yr

2 - 6 years exp. · Mumbai (6 salaries)
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₹1.7 L/yr - ₹3.6 L/yr

5 - 9 years exp. · Mumbai (5 salaries)
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₹7.1 L/yr - ₹8.5 L/yr

11 - 21 years exp. · Mumbai (5 salaries)
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₹20 L/yr - ₹48 L/yr

11 - 13 years exp. · Mumbai (4 salaries)
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₹9.8 L/yr - ₹12.5 L/yr

4 - 8 years exp. · Mumbai (4 salaries)
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₹6.8 L/yr - ₹8.3 L/yr

11 - 12 years exp. · Mumbai (4 salaries)
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₹14 L/yr - ₹16 L/yr

12 - 14 years exp. · Mumbai (4 salaries)
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₹30 L/yr - ₹43 L/yr

7 job openings
3 - 7 years exp. · Mumbai (4 salaries)
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₹7.7 L/yr - ₹12 L/yr

8 - 10 years exp. · Mumbai (3 salaries)
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₹3.6 L/yr - ₹4.6 L/yr

Last Updated: 24 Mar, 2025

Salary related reviews for MagicBricks

4.1

Rated by 72 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 07 Jun 2022

5.0
 for  Salary and Benefits

Likes

Salary on time and other benefits like medical.

  • Salary - Excellent

Dislikes

There is nothing to learn here. If you're looking out for corporate experience then this organization is not for you. Saturday and Sunday are weekly off but they will make you come on Saturday and make you work, HR also knows about it but they are completely fine. Highly not recommended.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 May 2020

1.0
 for  Salary and Benefits

Likes

Magicbricks first done Salary cut from April few days after lockdown & after few days on 4th May done layoffs sacked in one day around 150 employees only from sales.

read more

Dislikes

Magicbricks immediately after lockdown done salary cut after few days layoffs

read more
  • Salary - Bad
  • +6 more

Other Department

4.0
  •  posted on 22 Mar 2021

3.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good but needs change, appraisals are fair and they give good salary hike.

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  • Job security - Excellent
  • +4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

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Sales Department

5.0
  •  posted on 07 May 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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  • Salary - Excellent
  • +6 more

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 14 Feb 2025

1.0
 for  Salary and Benefits

Likes

Great infrastructure.

Dislikes

...ers are underpaid (only 8-10k) while being made to handle significant workloads. The compensation offered to freshers is shockingly low, making it an unattractive place for young professionals seeking fair pay and career growth. 3. Favoritism & Referral Bias: There is a clear bias towards existing employees. Since the company provides monetary incentives for employee referrals, current employees primarily refer their close ones rather than qualified candidates. This has resulted in a toxic work culture where deserving candidates are overlooked in favor of personal connections. 4. Questionable Leadership in the Legal Department: The Head Legal is on a contract but does not contribute effectively. Attendance is irregular, and even when present, personal work seems to take priority over company responsibilities . Additionally, the hiring of the Assistant Legal Manager raises serious concerns about favoritism and ethical standards. 5. Nepotism & Unethical Practices: The appointment of the Assistant Manager Legal appears to be a case of blatant nepotism. It might be possible that the Head Legal received financial benefits in exchange for recommending the candidate. This raises serious ethical concerns and questions the integrity of the hiring process. Such careless hiring has negatively impacted the efficiency and credibility of the legal department. FINAL VERDICT: This company prioritizes favoritism, internal politics, and personal gains over talent and merit. Freshers should be cautious before joining, as they are likely to be exploited with low pay and contractual roles. The legal department, in particular, suffers from poor leadership, unethical hiring, and inefficiency. A serious overhaul of the hiring process and leadership accountability is necessary for the company to improve its work culture. WOULD NOT RECOMMEND TO FRESHERS OR PROFESSIONALS LOOKING FOR FAIR CAREER OPPROTUNITIES.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

MagicBricks Salary FAQs

How much does MagicBricks pay to its employees?
The average annual salary at MagicBricks varies depending on the role, experience, and location. The salary ranges for some popular designations at MagicBricks, are as follows:

Accounts Manager ₹4 Lakhs to ₹8.6 Lakhs per year
Area Sales Manager ₹7.9 Lakhs to ₹16 Lakhs per year
Assistant Manager II ₹4.3 Lakhs to ₹4.3 Lakhs per year
Sales Account Manager ₹3.7 Lakhs to ₹8.5 Lakhs per year

The highest-paying role, National Sales Head, earns between ₹68 Lakhs to ₹1.5 Crore per year. The top 10% of employees earn more than ₹22 Lakhs per year, and the top 1% earn over ₹68 Lakhs per year. Salaries at MagicBricks can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 344 salaries submitted by MagicBricks employees. MagicBricks is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at MagicBricks in Mumbai?
The salary of a fresher at MagicBricks in Mumbai typically ranges from ₹2.2 Lakhs to ₹14 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Relationship Manager Salary ₹1.8 Lakhs to ₹4.6 Lakhs per year
Fresher as a Software Engineer Salary ₹7.5 Lakhs to ₹14 Lakhs per year
Fresher as a Sales Executive Salary ₹2.1 Lakhs to ₹4 Lakhs per year
Fresher as a Field Sales Executive Salary ₹2.2 Lakhs to ₹2.7 Lakhs per year

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Average annual salary in MagicBricks , Mumbai is INRunlock blur . Salary estimates are based on 300+ MagicBricks latest salaries received from various employees of MagicBricks.

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